Just like what mylot decided to do some years back. Wikinut has stopped payments to the content creators as from 10th December 2015. Their plan is to remove the revenue share system and operate the site as a free authors community.
According to the latest statement e-mailed to all existing users, the site had reached the conclusion after running into trouble with their advertisers; that led to being left with only two options; either to completely shut down the site, or remove the revenue-sharing system.
The problem is said to have originated from the existence of the fraudsters on the site, who obviously gamed the system by use of botnets, driving fake traffic to their posts as well as fraudulently clicking the sponsors’ ads. There were also cases of plagiarism- where the limited efforts of the site moderators were subdued due to the workload at hand and lack of effective tools.
This might be the similar bad experience the Beermoneynation faced in their short existence online before officially announcing its shutdown. The same case to bubblews and other online revenue-sharing writing/publishing sites that became unsustainable after short period.
It is a worrying trend to the online writing world where the sites provide a revenue-share incentive to the users. It is also a challenge to such sites if they lack reliable tools to curb the violations.
Wikinut owners decided to go for plan B in order to continue existing even though the users are likely to flee the site, going for greener pastures elsewhere, since most were attracted to stay on the site due to payment incentive.
It is also one of the most reliable methods to free the site from the online fraudsters- who usually get attracted to any site that offers payment incentives to the users; hence they will have nothing to hold them around.
The current users are now allowed to opt among the 3 available options;
1. Continue publishing articles for free
2. To do nothing at all; in other words, just stop being active on wikinut and let the already published content to be used by site readers.
3. To leave wikinut for ever, by deleting your account profile and along with your content already published. This option is very definitely for anyone who wishes to remove the articles and publish them elsewhere.
What do you think is the possible future of wikinut? Will they resume paying like mylot or shut down like bubblews?